Check Capital Management Inc. CA Increases Stake in Capital One Financial Corporation (COF)

Check Capital Management Inc. CA grew its position in shares of Capital One Financial Corporation (NYSE:COF) by 100.0% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 5,000 shares of the financial services provider’s stock after buying an additional 2,500 shares during the quarter. Check Capital Management Inc. CA’s holdings in Capital One Financial Corporation were worth $423,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also recently made changes to their positions in the company. Savant Capital LLC lifted its holdings in shares of Capital One Financial Corporation by 0.9% during the 2nd quarter. Savant Capital LLC now owns 3,213 shares of the financial services provider’s stock valued at $265,000 after buying an additional 28 shares during the last quarter. ARGA Investment Management LP lifted its holdings in shares of Capital One Financial Corporation by 0.3% during the 2nd quarter. ARGA Investment Management LP now owns 11,002 shares of the financial services provider’s stock valued at $909,000 after buying an additional 32 shares during the last quarter. Linscomb & Williams Inc. lifted its holdings in shares of Capital One Financial Corporation by 1.1% during the 2nd quarter. Linscomb & Williams Inc. now owns 2,953 shares of the financial services provider’s stock valued at $244,000 after buying an additional 33 shares during the last quarter. Union Bankshares Corp lifted its holdings in shares of Capital One Financial Corporation by 1.0% during the 2nd quarter. Union Bankshares Corp now owns 8,814 shares of the financial services provider’s stock valued at $728,000 after buying an additional 86 shares during the last quarter. Finally, Northern Capital Management LLC lifted its holdings in shares of Capital One Financial Corporation by 0.6% during the 2nd quarter. Northern Capital Management LLC now owns 18,974 shares of the financial services provider’s stock valued at $1,568,000 after buying an additional 110 shares during the last quarter. Institutional investors and hedge funds own 87.17% of the company’s stock.

In other Capital One Financial Corporation news, Director Ann F. Hackett sold 11,055 shares of the business’s stock in a transaction on Wednesday, October 25th. The stock was sold at an average price of $91.18, for a total value of $1,007,994.90. Following the transaction, the director now owns 69,066 shares of the company’s stock, valued at $6,297,437.88. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, insider Michael Slocum sold 8,292 shares of the business’s stock in a transaction on Friday, November 3rd. The stock was sold at an average price of $91.99, for a total value of $762,781.08. Following the completion of the transaction, the insider now directly owns 53,613 shares in the company, valued at approximately $4,931,859.87. The disclosure for this sale can be found here. In the last ninety days, insiders sold 43,514 shares of company stock worth $4,011,299. 1.73% of the stock is owned by insiders.

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Shares of Capital One Financial Corporation (NYSE:COF) traded down $0.48 during mid-day trading on Friday, reaching $87.15. The company had a trading volume of 2,017,500 shares, compared to its average volume of 2,643,200. The company has a current ratio of 1.07, a quick ratio of 1.06 and a debt-to-equity ratio of 1.17. The firm has a market cap of $42,720.00, a price-to-earnings ratio of 11.56, a price-to-earnings-growth ratio of 1.31 and a beta of 1.30. Capital One Financial Corporation has a twelve month low of $76.05 and a twelve month high of $96.92.

Capital One Financial Corporation (NYSE:COF) last announced its quarterly earnings results on Tuesday, October 24th. The financial services provider reported $2.42 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $2.15 by $0.27. The business had revenue of $6.99 billion for the quarter, compared to analyst estimates of $6.81 billion. Capital One Financial Corporation had a return on equity of 8.25% and a net margin of 13.34%. Capital One Financial Corporation’s quarterly revenue was up 8.1% on a year-over-year basis. During the same quarter in the previous year, the firm earned $2.03 EPS. research analysts anticipate that Capital One Financial Corporation will post 7.94 EPS for the current year.

The business also recently declared a quarterly dividend, which will be paid on Friday, November 24th. Investors of record on Monday, November 13th will be paid a $0.40 dividend. This represents a $1.60 annualized dividend and a yield of 1.84%. The ex-dividend date of this dividend is Friday, November 10th. Capital One Financial Corporation’s dividend payout ratio is 22.44%.

COF has been the topic of a number of recent analyst reports. Zacks Investment Research raised Capital One Financial Corporation from a “sell” rating to a “hold” rating in a research note on Monday, October 9th. BMO Capital Markets reissued a “buy” rating and issued a $116.00 price objective on shares of Capital One Financial Corporation in a research note on Friday, October 6th. Oppenheimer Holdings, Inc. raised Capital One Financial Corporation from an “underperform” rating to a “market perform” rating and set a $82.00 price objective on the stock in a research note on Friday, July 21st. Piper Jaffray Companies initiated coverage on Capital One Financial Corporation in a research note on Thursday, September 21st. They issued an “underweight” rating and a $81.00 price objective on the stock. Finally, Keefe, Bruyette & Woods reissued a “buy” rating and issued a $106.00 price objective on shares of Capital One Financial Corporation in a research note on Friday, September 15th. Three equities research analysts have rated the stock with a sell rating, thirteen have assigned a hold rating, eleven have assigned a buy rating and one has assigned a strong buy rating to the company. The stock has a consensus rating of “Hold” and an average target price of $95.52.

Capital One Financial Corporation Company Profile

Capital One Financial Corporation is a diversified financial services holding company. The Company, along with its subsidiaries, offers a range of financial products and services to consumers, small businesses and commercial clients through branches, the Internet and other distribution channels. The Company’s segments include Credit Card, Consumer Banking, Commercial Banking and Other.

Institutional Ownership by Quarter for Capital One Financial Corporation (NYSE:COF)

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